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Using the indicator built in MT4 will automatically mean that you select the moving average as the forecast price. You can select something else. The algorithm for calculating the RMS itself is correct: the square root of the sum of squares divided by the number of degrees of freedom.
Good luck and good luck with the trends.
Vladislav, I would also like to clarify if I understand your recommendation correctly.
Let us give you Taylor formula:
Consider derivatives of parabola f(x)=Ax^2+B
f'(x)=2Ax,
f''(x)=2A,
f''(x)=0, all derivatives from third and above turn to 0.
Then according to Taylor formula we have series consisting only of first three terms. In this case the expansion of the function f(x)=Ax^2+B in the Taylor series will be exact (i.e. the last term for the expansion error turns to zero). Next, we need to evaluate the quality of approximation of the price series by the optimal parabola. That is, our main requirement is that the series of errors of approximation must be convergent (i.e. the sum of errors converges to a finite number). And we can determine this simply by comparing the calculated error of approximation with the third term of expansion. Am I right or not? So when choosing a parabola and the sample itself, we use the criterion that the RMS of approximation errors should not exceed the value of the third term of the series, for a sample of values lying in the interval from a to x? Do you follow the same principle in your strategy or not?
By the way, there is some inconsistency in this. We optimize the parabola using the property of price potentiality (through perpendicular to the parabola) and estimate approximation errors in the usual way.
What is wrong here? How can we reconcile finding the optimal parabola and estimating the approximation error?
Good luck and good luck with the trends.
A mozet sdelajem v all vmeste konstruktivnuju rabotu?
Say, napisat' sovmestno indikator, katoryj beget 4erez vs vs istoriju do teku4ej ceny i s4ityvajet Elliot waves :)))
Developery MT4 tol'ko pablogodorit za takoje.
Neskol'ko moix idej dlia na4ala:
1) At the very beginning istoriji opredelit' v kakuju toru cena ili FLAT
2) if FLAT, zdiom poka probivajutsia granitsia flata, tokda smotrim v kakuju storonu dvigajetsia cena, tak opredelajem na4alo ods4iota, s4itajem tol'ko 1-2-3 i A-B-C volny
3) is4em tol'ko "basic" Elliot Wave patterns 1-2-3 i 1-2-3-4-5 + A-B-C volny after okon4anija dvizenija ceny(trend)
4) Jesli imejem "failed Elliot Wave", zna4it ploxoj ods4iot i tot kusok istroriji nada jes4io raz peresmatret' nas4iot v kakuju storonu dvigajetsia cena intervale pabolshe teku4evo.
5) K etim grafikam xorosho godosho cifra Fibonacci, sami lookotrite s indikator MT4 in istoriji from Elliot Wave 1 na4ala to na4ala Elliot Wave 4 - http://www.market-harmonics.com/elliott_wave2.htm
Dopolnitel'no doli poniatija o 4iom re4' pro4itaite http://www.elliottician.com/showpage.asp?p=47 i postaraites' ponat' kak kotritsia "bassic Elliot Wave pattern". Polnoje opisanije na ruskom ses' : http://www.alpari-idc.ru/ru/textbook/tech_an/ew/
V rezultat kod indikatora patom mozno podkrutit' k novojiji versi MT4 kak standartnyj indikator :)
So you probably do the following.
Step 1. Take a sample
Step 2. Approximate it with a linear regression channel
Step 3. Find approximation errors.
Step 4. Analyze the graph of errors. We get the supposition that the order of approximating function should be higher or the given sample cannot be approximated by any continuous function at all if the error series diverges or has some strong deviations visible to the eye which fall out of the acceptable confidence interval(the calculation automation algorithm is not completely clear yet).
Step 5. Repeat steps 1-4 for approximation by a parabola (or something else)
Step 6. Evaluate the errors; if the errors exceed a reasonable limit, you simply discard this sample. If the error graph has some reasonable structure, then we store the information about sampling, approximation method and additional information about approximating functions in some array.
Step 7. Then, having repeatedly tried all possible samples and having searched for the optimal variants of approximating functions for each sample, we stop at those samples which satisfy our requirements in the extreme way. It is also naturally desirable to use your recommended method of approximating functions not for the entire sample, but only for 2/3, leaving the last third to test the approximation results (this is a very valuable suggestion!).
Step 8. Draw extremum approximations on the price chart with continuation into the future. It is natural that a confidence interval is plotted for each approximation.
Step 9. Thus we see where the limits of intervals intersect. Then we define the approximate dates.
Step 10. During the price approach to the turning points, we calculate the probability of trend reversal using the integral error estimation method. It will probably be necessary to average the pivot estimates for all approximation channels. For the linear regression channel it will also be necessary to calculate the Hearst coefficient to have it as an additional parameter. It is also good to look at the Murray levels. Thus, we have a high probability of making a decision about placing pending orders and determination of stops with minimal risk.
Of course, the Expert Advisor that will calculate all that will be very extensive (you said it contains 6000 lines)! And so far not everything is clear in terms of automatic decision making for each of the samples. Well, I think you just need to start trying to program this algorithm, and then as you experiment, you can figure out something that is difficult to understand even on a theoretical level, but that will become clear by itself during the experiment. And indeed the calculation time will be quite significant. You said that the first variants worked for 30-40 minutes on a weak machine. Well then on a P4 2.4 GHz you should expect about 10 minutes computation time.
On the subject of approximation methods I found the following interesting tutorial.
Since you don't need the parabola itself, you can approximate the derivatives right away. The regression coefficient is what you need (hence the Taylor series ;) ). Then you won't care what the shape of the trajectory is - the main thing is to correctly estimate the confidence interval. Please read carefully the recommended literature, it contains enough information.
Good luck and good trends.
Got it... :)
Vot odin iz moix staryx mql3:
/*[[ Name := Elliot wave recognization Author := Copyright © 2004, T-1000, Lithuania Notes := Searches for Elliot wave patterns and places markers on chart Link := irc://irc.omnitel.net/forex Update on every tick := Yes Enable Alerts := Yes Disable alert once hit := Yes Lots := 0.1 Stop Loss := 70 Take Profit := 150 Trailing Stop := 35 ]]*/ /* An Impulse pattern moves in the direction of the underlying trend and is made up of five waves, or moves. Each wave is labeled at its endpoint. The Elliott Wave Principle identifies an Impulse wave when: 1. Wave 2 does not fall below the starting price of wave 1. 2. Wave 3 is not the shortest wave by price movement when comparing to wave 1 and wave 5. 3. Wave 4 does not overlap the range of wave 1. */ Defines: MaxBars(200),RetracementBars(100),EWPeriod(10),NoisePips(30),MinTakeProfit(50),SARstep(0.0015),SARmax(0.0100); Defines: MaxTrades(1),AntiStopLoss(0),Slippage(5),DelayedBidsTimeout(172800),BidStopPoints(60),BidLimitPoints(50),TrailingStep(10),IncrementLots(1),MinMoney(0),MiniForexMode(1); vars: counter(0),counter2(0),ComputedPricesCount(0),StartMoney(0); vars: EW1(0),EW2(0),EW3(0),EW4(0),EW5(0); vars: LastEW1(0),LastEW2(0),LastEW3(0),LastEW4(0),LastEW5(0); vars: EW0MARK(0),EW1MARK(0),EW2MARK(0),EW3MARK(0),EW4MARK(0),EW5MARK(0),EW3ORDERMARK(0),ORDERMARK(0),ORDERANGLE(0),ORDERSKIP(0),ORDERPRICE(0),ORDERCOUNT(0),MinTakeProfitPtS(0); vars: MaxPrice(0),MinPrice(0),WaveAngle(0),tempval(0),tempval2(""); vars: EW1MARKTIME(0),EW2MARKTIME(0),EW3MARKTIME(0),EW4MARKTIME(0),EW5MARKTIME(0),EW5PRICE(0),ENTRYPRICE(0),LASTENTRYPRICE(0); vars: EW1MARKARROW(0),EW2MARKARROW(0),EW3MARKARROW(0),EW4MARKARROW(0),EW5MARKARROW(0); vars: EW1MARKBAR(0),EW2MARKBAR(0),EW3MARKBAR(0),EW4MARKBAR(0),EW5MARKBAR(0); vars: MaxPriceBar(0),MinPriceBar(0),BarsShift(0),BarsCount(0),init(0),prevbars(0),CalcBarDiff(0); vars: ParabolicSAR(0),SARAngle(0),MA(0),MA2(0),ShortMA(0),LongMA(0),TrailingStopPoint(0),Trace(0),MACD(0),ShortMACD(0),MACDAngle(0),ShortMACDAngle(0); vars: TradingPrice(0),TotalLots(0),TradesCount(0),StartDeposit(0),BuyStopLoss(0),SellStopLoss(0),BuyBidStopLoss(0),SellBidStopLoss(0); vars: BuyLimitStopLoss(0),SellLimitStopLoss(0),TrailingStopLoss(0),BidStopPts(0),BidLimitPts(0),OrderType(0),LastBidTime(0),BadOrder(0),CloseBadOrder(0); vars: LastBadTime(0),OrderRecovery(0),LastOp(0),LastOldOp(0),BuyOp(0),SellOp(0),EntryTrail(0),StopLossTrail(0); vars: Bears(0),Bulls(0),BearsAngle(0),BullsAngle(0); vars: Pivot(0),SupportLevel1(0),SupportLevel2(0),ResistanceLevel1(0),ResistanceLevel2(0); vars: tmpPivot(0),tmpSupportLevel1(0),tmpSupportLevel2(0),tmpResistanceLevel1(0),tmpResistanceLevel2(0); vars: RSI(0),CCI(0),ShortRSI(0),PriceLevel(0),LastPriceLevel(0),FiboLevel(0); vars: EWOscillator(0),EWLevel(0),ShortPeriod(0),LongPeriod(0),LastEW(0); if Bars < MaxBars * 2 + RetracementBars + 1 then exit; if init = 0 then { EW0MARK = 0; EW1MARK = 0; EW2MARK = 0; EW3MARK = 0; EW4MARK = 0; EW5MARK = 0; ORDERMARK = 0; TotalLots = Lots; prevbars = 0; if BidStopPts < BidStopPoints then BidStopPts = BidStopPoints; if BidLimitPts < BidLimitPoints then BidLimitPts = BidLimitPoints; BidStopPts = BidStopPts * Point; BidLimitPts = BidLimitPts * Point; StartDeposit = MinMoney; if StartDeposit = 0 then StartMoney=Balance else StartMoney = StartDeposit; Print(AccountName,"(#",AccountNumber,") ",Symbol," Elliot Wave Retracement analizer loaded."); init = 1; } if StopLoss > 0 then { BuyStopLoss=PriceAsk- StopLoss * Point; SellStopLoss=PriceBid + StopLoss * Point; BuyBidStopLoss = BuyStopLoss + BidstopPts; SellBidStopLoss = SellStopLoss - BidstopPts; BuyLimitStopLoss=PriceAsk - StopLoss * Point - BidLimitPts; SellLimitStopLoss=PriceBid + StopLoss * Point + BidLimitPts; } // Adjust remaining money in loss if Balance < StartMoney then { //StartMoney=Balance; TotalLots = Lots; } // Check if we have automated incremental Lots calculation if IncrementLots > 0 and (FreeMargin / StartMoney > 2) then { if MiniForexMode = 1 then TotalLots = Normalize(FreeMargin / StartMoney * Lots - 0.1,1); if MiniForexMode = 0 then TotalLots = Normalize(FreeMargin / StartMoney * Lots - 1,0); // forex type account cannot have part of lots if TotalLots < Lots then TotalLots = Lots; } /**************************************************** Indicators ********************************************************/ if Bars != prevbars // Save extra CPU when making signals because we do not have new price in chart in test mode then { Bears=iBearsPower(RetracementBars,MODE_HIGH,0); Bulls=iBullsPower(RetracementBars,MODE_LOW,0); RSI=iRSI(RetracementBars,0); CCI=iCCI(MaxBars,0); ShortRSI=iRSI(RetracementBars/5,0); ParabolicSAR=iSAR(SARstep,SARmax,0); MA=iMA(MaxBars,MODE_EMA,0); MA2=iMA(MaxBars,MODE_SMA,0); ShortMA=iMA(RetracementBars,MODE_EMA,0); LongMA=iMA(MaxBars*2,MODE_LWMA,0); MACD=iMACD(RetracementBars,MaxBars,RetracementBars,MODE_EMA,0); ShortMACD=iMACD(RetracementBars/5,RetracementBars,RetracementBars/5,MODE_EMA,0); MaxPriceBar = Highest (MODE_CLOSE,MaxBars+1, MaxBars*2); MinPriceBar = Lowest (MODE_CLOSE, MaxBars+1, MaxBars*2); if MaxPriceBar < MinPriceBar //and EW0MARK = 0 // first Elliot Wave would be UP then WaveAngle = 1; if MinPriceBar < MaxPriceBar //and EW0MARK = 0 // first Elliot Wave would be DOWN then WaveAngle = 2; MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if WaveAngle = 1 then FiboLevel = (MaxPrice - MinPrice) / (Open - MinPrice) * 100 else FiboLevel = (MaxPrice - MinPrice) / (MaxPrice - Open ) * 100; //LastPriceLevel=0; if Bars > prevbars then { ORDERANGLE = 0; Pivot=0; SupportLevel1=0; SupportLevel2=0; ResistanceLevel1=0; ResistanceLevel2=0; LastPriceLevel=PriceLevel; for counter=RetracementBars downto 0 Begin MaxPriceBar = Highest (MODE_CLOSE,MaxBars+1+counter, MaxBars); MinPriceBar = Lowest (MODE_CLOSE, MaxBars+1+counter, MaxBars); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; /* Pivot point (Pivot) = (H + L + C) / 3 First resistance level (R1) = (2 * P) - L First support level (S1) = (2 * P) - H Second resistance level (R2) = P + (R1 - S1) Second support level (S2) = P - (R1 - S1) H, L, C are the previous High, Low and Close. */ tmpPivot=(MaxPrice+MinPrice+Open[counter+MaxBars]) / 3; tmpResistanceLevel1=(2 * tmpPivot) - MinPrice; tmpSupportLevel1=(2 * tmpPivot) - MaxPrice; tmpResistanceLevel2=tmpPivot + (tmpResistanceLevel1 - tmpSupportLevel1); tmpSupportLevel2=tmpPivot - (tmpResistanceLevel1 - tmpSupportLevel1); Pivot=Pivot + tmpPivot; ResistanceLevel1=ResistanceLevel1 + tmpResistanceLevel1; SupportLevel1=SupportLevel1 + tmpSupportLevel1; ResistanceLevel2=ResistanceLevel2 + tmpResistanceLevel2; SupportLevel2=SupportLevel2 + tmpSupportLevel2; if counter < MaxBars then { Pivot=Pivot / 2; ResistanceLevel1=ResistanceLevel1 / 2; SupportLevel1=SupportLevel1 / 2; ResistanceLevel2=ResistanceLevel2 / 2; SupportLevel2=SupportLevel2 / 2; } End; if WaveAngle = 1 then PriceLevel = (Open / Point - SupportLevel2 / Point) / (ResistanceLevel2 / Point - SupportLevel2 / Point) * 100; if WaveAngle = 2 then PriceLevel = -(ResistanceLevel2 / Point - Open / Point) / (ResistanceLevel2 / Point - SupportLevel2 / Point) * 100 ; if PriceLevel >151 or PriceLevel < -151 then { ComputedPricesCount=Normalize(PriceLevel / 100,0); if ComputedPricesCount < 0 then ComputedPricesCount = -ComputedPricesCount; ComputedPricesCount=(2 + ComputedPricesCount) * MaxBars; //Print(TimeToStr(time[shift]),": ",Symbol," Price Level is over limit:",PriceLevel," Increasing Prices Count to:",ComputedPricesCount); if Bars <= ComputedPricesCount + MaxBars + 1 then exit;//Avoid out of range computing ORDERANGLE = 0; Pivot=0; SupportLevel1=0; SupportLevel2=0; ResistanceLevel1=0; ResistanceLevel2=0; for counter=RetracementBars downto 0 Begin MaxPriceBar = Highest (MODE_CLOSE,ComputedPricesCount+1+counter, ComputedPricesCount); MinPriceBar = Lowest (MODE_CLOSE, ComputedPricesCount+1+counter, ComputedPricesCount); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; /* Pivot point (Pivot) = (H + L + C) / 3 First resistance level (R1) = (2 * P) - L First support level (S1) = (2 * P) - H Second resistance level (R2) = P + (R1 - S1) Second support level (S2) = P - (R1 - S1) H, L, C are the previous High, Low and Close. */ tmpPivot=(MaxPrice+MinPrice+Open[counter+ComputedPricesCount]) / 3; tmpResistanceLevel1=(2 * tmpPivot) - MinPrice; tmpSupportLevel1=(2 * tmpPivot) - MaxPrice; tmpResistanceLevel2=tmpPivot + (tmpResistanceLevel1 - tmpSupportLevel1); tmpSupportLevel2=tmpPivot - (tmpResistanceLevel1 - tmpSupportLevel1); Pivot=Pivot + tmpPivot; ResistanceLevel1=ResistanceLevel1 + tmpResistanceLevel1; SupportLevel1=SupportLevel1 + tmpSupportLevel1; ResistanceLevel2=ResistanceLevel2 + tmpResistanceLevel2; SupportLevel2=SupportLevel2 + tmpSupportLevel2; if counter < MaxBars then { Pivot=Pivot / 2; ResistanceLevel1=ResistanceLevel1 / 2; SupportLevel1=SupportLevel1 / 2; ResistanceLevel2=ResistanceLevel2 / 2; SupportLevel2=SupportLevel2 / 2; } End; if WaveAngle = 1 then PriceLevel = (Open / Point - SupportLevel2 / Point) / (ResistanceLevel2 / Point - SupportLevel2 / Point) * 100; if WaveAngle = 2 then PriceLevel = -(ResistanceLevel2 / Point - Open / Point) / (ResistanceLevel2 / Point - SupportLevel2 / Point) * 100 ; } MoveObject("Pivot",OBJ_HLINE,Time,Pivot,Time[MaxBars],Pivot,White,1,STYLE_SOLID); MoveObject(" ResistanceLevel2",OBJ_HLINE,Time,ResistanceLevel2,Time[MaxBars],ResistanceLevel2,Blue,1,STYLE_SOLID); MoveObject(" SupportLevel2",OBJ_HLINE,Time,SupportLevel2,Time[MaxBars],SupportLevel2,Blue,1,STYLE_SOLID); MoveObject(" ResistanceLevel1",OBJ_HLINE,Time,ResistanceLevel1,Time[MaxBars],ResistanceLevel1,Red,1,STYLE_SOLID); MoveObject(" SupportLevel1",OBJ_HLINE,Time,SupportLevel1,Time[MaxBars],SupportLevel1,Red,1,STYLE_SOLID); if MaxPriceBar < MinPriceBar then MoveObject("Fibo",OBJ_FIBO,Time,ResistanceLevel2,Time[MaxBars],SupportLevel2,Green,1,STYLE_DOT) else MoveObject("Fibo",OBJ_FIBO,Time,SupportLevel2,Time[MaxBars],ResistanceLevel2,Green,1,STYLE_DOT); } /* if WaveAngle = 1 and PriceLevel > 0 and PriceLevel < 50 then WaveAngle = 2; if WaveAngle = 2 and PriceLevel < 0 and PriceLevel > -50 then WaveAngle = 1; */ /* if EW3MARK = 1 then { //Print("EW0MARK:",EW0MARK," EW1MARK:",EW1MARK," EW2MARK:",EW2MARK," EW3MARK:",EW3MARK," EW3MARKBAR=",EW3MARKBAR," EW4MARK:",EW4MARK," EW0:",EW5PRICE," EW1:",EW1," EW2:",EW2," EW3:",EW3); //Print("EW1MARKBAR:",EW1MARKBAR," EW2MARKBAR:",EW2MARKBAR," EW3MARKBAR:",EW3MARKBAR," EW3MARKBAR=",EW3MARKBAR," EW4MARK:",EW4MARK," EW0:",EW5PRICE," EW1:",EW1," EW2:",EW2," EW3:",EW3); Print(TimeToStr(time), ": EW0=",TimeToStr(EW5MARKTIME), " ",EW5, " EW1=",TimeToStr(EW1MARKTIME), " ",EW1, " EW2=",TimeToStr(EW2MARKTIME), " ",EW2, " EW3=",TimeToStr(EW3MARKTIME), " ",EW3 ); } */ // Reallign Elliot Wave marked bars if EW0MARK > 0 then EW5MARKBAR = 0; if EW1MARK > 0 then EW1MARKBAR = 0; if EW2MARK > 0 then EW2MARKBAR = 0; if EW3MARK > 0 then EW3MARKBAR = 0; if EW4MARK > 0 then EW4MARKBAR = 0; if EW5MARK > 0 then EW5MARKBAR = 0; if EW0MARK > 0 or EW5MARK > 0 then for counter = 0 to Bars -1 { if EW5MARKBAR > 0 then break; // reallign finished tempval = time[counter]; if EW5MARK = 0 and tempval = EW5MARKTIME then EW5MARKBAR = counter; if EW1MARK > 0 and tempval = EW1MARKTIME then EW1MARKBAR = counter; if EW2MARK > 0 and tempval = EW2MARKTIME then EW2MARKBAR = counter; if EW3MARK > 0 and tempval = EW3MARKTIME then EW3MARKBAR = counter; if EW4MARK > 0 and tempval = EW4MARKTIME then EW4MARKBAR = counter; if EW5MARK > 0 and tempval = EW5MARKTIME then EW5MARKBAR = counter; } CalcBarDiff=(time[0]-time[Bars-1])/60/Period - Bars + 1; if Bars < MaxBars+2 or (EW1MARK = 1 and EW1MARKBAR = 0) or (EW2MARK = 1 and EW2MARKBAR = 0) or (EW3MARK = 1 and EW3MARKBAR = 0) or (EW4MARK = 1 and EW4MARKBAR = 0) or (EW0MARK = 1 and EW5MARKBAR = 0) or (EW5MARK = 1 and EW5MARKBAR = 0) or EW1MARKBAR > Bars - 1 or EW2MARKBAR > Bars - 1 or EW3MARKBAR > Bars - 1 or EW4MARKBAR > Bars - 1 or EW5MARKBAR > Bars - 1 then { if Bars > MaxBars+2 and prevbars < Bars then { //prevbars=Bars; /* Print("Bars:",Bars," EW1MARKBAR:",EW1MARKBAR," EW2MARKBAR:",EW2MARKBAR," EW3MARKBAR:",EW3MARKBAR," EW3MARKBAR=",EW3MARKBAR," EW4MARKBAR:",EW4MARKBAR," EW5MARKBAR:",EW5MARKBAR); Print(TimeToStr(time), ": EW0=",TimeToStr(EW5MARKTIME), " ",EW5, " EW1=",TimeToStr(EW1MARKTIME), " ",EW1, " EW2=",TimeToStr(EW2MARKTIME), " ",EW2, " EW3=",TimeToStr(EW3MARKTIME), " ",EW3 ); //print(time[1]," ",time[Bars-1]," ",time[100]," ",time[1]-time[Bars-1]," ",(time[1]-time[Bars-1])/60/Period, " ", time[0] - EW5MARKTIME); */ if EW0MARK = 1 and EW1MARK = 0 then print("ERROR: Bars:",Bars-1," EW0 Bar:", EW5MARKBAR, " EW0 Time:",TimeToStr(EW5MARKTIME), " Calculated EW0 Time:",TimeToStr(time[EW5MARKBAR])," EW0 Bars Diff:",(EW5MARKTIME-time[EW5MARKBAR])/60/Period); if EW1MARK = 1 and EW2MARK = 0 then print("ERROR: Bars:",Bars-1," EW1 Bar:", EW1MARKBAR, " EW1 Time:",TimeToStr(EW1MARKTIME), " Calculated EW1 Time:",TimeToStr(time[EW1MARKBAR])," EW1 Bars Diff:",(EW1MARKTIME-time[EW1MARKBAR])/60/Period); if EW2MARK = 1 and EW3MARK = 0 then print("ERROR: Bars:",Bars-1," EW2 Bar:", EW2MARKBAR, " EW2 Time:",TimeToStr(EW2MARKTIME), " Calculated EW2 Time:",TimeToStr(time[EW2MARKBAR])," EW2 Bars Diff:",(EW2MARKTIME-time[EW2MARKBAR])/60/Period); if EW3MARK = 1 and EW4MARK = 0 then print("ERROR: Bars:",Bars-1," EW3 Bar:", EW3MARKBAR, " EW3 Time:",TimeToStr(EW3MARKTIME), " Calculated EW3 Time:",TimeToStr(time[EW3MARKBAR])," EW3 Bars Diff:",(EW3MARKTIME-time[EW3MARKBAR])/60/Period); if EW4MARK = 1 and EW5MARK = 0 then print("ERROR: Bars:",Bars-1," EW4 Bar:", EW4MARKBAR, " EW4 Time:",TimeToStr(EW4MARKTIME), " Calculated EW4 Time:",TimeToStr(time[EW4MARKBAR])," EW4 Bars Diff:",(EW4MARKTIME-time[EW4MARKBAR])/60/Period); if EW5MARK = 1 and EW0MARK = 0 then print("ERROR: Bars:",Bars-1," EW5 Bar:", EW5MARKBAR, " EW5 Time:",TimeToStr(EW5MARKTIME), " Calculated EW5 Time:",TimeToStr(time[EW5MARKBAR])," EW5 Bars Diff:",(EW5MARKTIME-time[EW5MARKBAR])/60/Period); } EW0MARK=0; EW1MARK=0; EW1=0; EW1MARKTIME=0; EW1MARKBAR=0; EW2MARK=0; EW2=0; EW2MARKTIME=0; EW2MARKBAR=0; EW3MARK=0; EW3=0; EW3MARKTIME=0; EW3MARKBAR=0; EW4MARK=0; EW4=0; EW4MARKTIME=0; EW4MARKBAR=0; EW5MARK=0; EW5=0; EW5MARKTIME=0; EW5MARKBAR=0; ORDERMARK=0; exit; } if EW0MARK = 0 and EW1MARK = 0 then { EW0MARK = 0; EW1MARK = 0; EW1MARKBAR = 0; EW1MARKTIME = 0; EW2MARK = 0; EW2MARKBAR = 0; EW2MARKTIME = 0; EW3MARK = 0; EW3MARKBAR = 0; EW3MARKTIME = 0; EW4MARK = 0; EW4MARKBAR = 0; EW4MARKTIME = 0; EW5MARK = 0; EW5MARKBAR = 0; EW5MARKTIME = 0; } MaxPriceBar = Highest (MODE_CLOSE,MaxBars+1, MaxBars); MinPriceBar = Lowest (MODE_CLOSE, MaxBars+1, MaxBars); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; //MaxPriceBar=time[MaxPriceBar]; //MinPriceBar=time[MinPriceBar]; if EW0MARK = 1 and EW2MARK = 0 and EW3MARK = 0 // Recalculate EW entry point while have only Elliot Wave [I] then { MaxPriceBar = Highest (MODE_CLOSE,MaxBars+1, MaxBars); MinPriceBar = Lowest (MODE_CLOSE, MaxBars+1, MaxBars); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if (WaveAngle = 1 and MinPrice < EW5PRICE) or (WaveAngle = 2 and MaxPrice > EW5PRICE) then { if EW5MARKBAR <= MaxBars then { DelArrow(EW5MARKTIME,EW5PRICE + StopLoss / 2 * Point); DelArrow(EW5MARKTIME,EW5PRICE - StopLoss / 2 * Point); } EW0MARK=0; } } /* if WaveAngle = 1 and Close[counter] > MaxPrice then print("Counter:",counter, " MaxPrice:",MaxPrice); if WaveAngle = 2 and Close[counter] < MaxPrice then print("Counter:",counter, " MinPrice:",MinPrice); /* //Reallign Elliot wave entry point if WaveAngle = 1 and MaxPriceBar < RetracementBars then WaveAngle = 2 else if WaveAngle = 2 and MinPriceBar < RetracementBars then WaveAngle = 1; */ //print("PriceLevel:",PriceLevel); if (EW0MARK = 0) //or (MaxPriceBar > MinPriceBar and WaveAngle = 1) //or (MaxPriceBar < MinPriceBar and WaveAngle = 2) then { EW0MARK=1; EW1MARK=0; EW2MARK=0; EW3MARK=0; EW4MARK=0; EW5MARK=0; if WaveAngle = 1 // try to mark first Elliot Wave then { EW5=MinPrice; EW5MARKBAR=MinPriceBar; EW5MARKTIME=time[MinPriceBar]; EW5PRICE=MinPrice; EW1=MinPrice; //SetArrow(EW5MARKTIME,EW5PRICE,128,White); SetArrow(EW5MARKTIME,EW5PRICE - StopLoss / 2 * Point,384,White); Comment("\nEWTrend=Possible UP", "\nLastTime=",TimeToStr(time[0]), "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print(Symbol," EW0 Time:",TimeToStr(EW5MARKTIME),": EW0:",EW5," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } if WaveAngle = 2 // try to mark first reversed Elliot Wave then { EW5=MaxPrice; EW5MARKBAR=MaxPriceBar; EW5MARKTIME=time[MaxPriceBar]; EW5PRICE=MaxPrice; EW1=MaxPrice; //SetArrow(EW5MARKTIME,EW5PRICE,128,Violet); SetArrow(EW5MARKTIME,EW5PRICE + StopLoss / 2 * Point,384,Violet); Comment("\nEWTrend=Possible DOWN", "\nLastTime=",TimeToStr(time[0]), "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print(Symbol," EW0 Time:",TimeToStr(EW5MARKTIME),": EW0:",EW5," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } //print ("waveangle=",WaveAngle); } //if IsTesting and EW3MARK = 1 then print("EW0MARK:",EW0MARK," EW1MARK:",EW1MARK," EW2MARK:",EW2MARK," EW3MARK:",EW3MARK," EW4MARK:",EW4MARK); BarsShift=EW5MARKBAR; /* if EW5MARKBAR > MaxBars then // reset EW count start entry { EW0MARK=0; if WaveAngle = 1 then DelArrow(EW5MARKTIME,EW5PRICE + StopLoss / 2 * Point); if WaveAngle = 2 then DelArrow(EW5MARKTIME,EW5PRICE - StopLoss / 2 * Point); } */ if EW0MARK=1 and EW2MARK=0 and EW3MARK=0 // and EW5MARKBAR > BarsCount then for counter=BarsShift - 1 downto 1 Begin BarsCount = BarsShift - counter; MaxPriceBar = Highest (MODE_CLOSE,EW5MARKBAR , BarsCount); MinPriceBar = Lowest (MODE_CLOSE,EW5MARKBAR , BarsCount); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if WaveAngle = 1 and MaxPrice > EW1 and MaxPriceBar < EW5MARKBAR then { EW1 = MaxPrice; if EW1MARKBAR <= MaxBars then DelArrow(EW1MARKTIME , Open[counter] + StopLoss / 2 * Point); EW1MARKTIME=time[MaxPriceBar]; //print("EW1=",EW1); } if WaveAngle = 2 and MinPrice < EW1 and MinPriceBar < EW5MARKBAR then { if EW1MARKBAR <= MaxBars then DelArrow(EW1MARKTIME , Open[counter] - StopLoss / 2 * Point); EW1MARKTIME=time[MinPriceBar]; EW1 = MinPrice; //print("EW1=",EW1); } /* if IsTesting and (counter = BarsShift-1 or counter = 1) then { if WaveAngle = 1 then print("BarCount:",BarsCount ," Counter:",counter," Price:",Close[counter]," MaxPrice: ",MaxPrice," MaxPriceBar:",MaxPriceBar); if WaveAngle = 2 then print("BarCount:",BarsCount ," Counter:",counter," Price:",Close[counter]," MinPrice:",MinPrice," MinPriceBar:",MinPriceBar); print("Bars:",Bars-1," EW0 Bar:", EW5MARKBAR, " EW0 Time:",TimeToStr(EW5MARKTIME), " Calculated EW0 Time:",TimeToStr(time[EW5MARKBAR])," EW0 Bars Diff:",(EW5MARKTIME-time[EW5MARKBAR])/60/Period); print("Bars:",Bars-1," EW1 Bar:", EW1MARKBAR, " EW1 Time:",TimeToStr(EW1MARKTIME), " Calculated EW1 Time:",TimeToStr(time[EW1MARKBAR])," EW1 Bars Diff:",(EW1MARKTIME-time[EW1MARKBAR])/60/Period); print("WaveAngle:",WaveAngle," EW1MARK:",EW1MARK," EW0:",EW5PRICE," EW1:",EW1); } */ if WaveAngle = 1 and Close[EW5MARKBAR] + NoisePips * Point < Close[counter] and MaxPrice <= Close[counter] and EW1 > Close[EW5MARKBAR] + NoisePips * Point and EW1 <= close[counter] then { if EW1MARKBAR <= MaxBars then DelArrow(EW1MARKTIME , Open[counter] + StopLoss / 2 * Point); if Close[counter] > MaxPrice then { EW1 = Close[counter]; EW1MARKTIME=time[counter]; } EW1MARK=1; EW2=EW1; EW1MARKTIME=time[counter]; EW1MARKBAR=counter; //SetArrow(EW1MARKTIME,Open[counter] + StopLoss / 2 * Point,129,White); Comment("\nEWTrend=Possible UP", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print("EW1 Time:",TimeToStr(EW1MARKTIME),": EW1:",EW1," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } if WaveAngle = 2 and Close[EW5MARKBAR] - NoisePips * Point > Close[counter] and MinPrice >= Close[counter] and EW1 < Close[EW5MARKBAR] - NoisePips * Point and EW1 >= close[counter] then { if EW1MARKBAR <= MaxBars then DelArrow(EW1MARKTIME , Open[counter] - StopLoss / 2 * Point); if Close[counter] < MinPrice then { EW1 = Close[counter]; EW1MARKTIME=time[counter]; } EW1MARK=1; EW2=EW1; EW1MARKBAR=counter; //SetArrow(EW1MARKTIME,Open[counter] - StopLoss / 2 * Point,129,Violet); Comment("\nEWTrend=Possible DOWN", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print("EW1 Time:",TimeToStr(EW1MARKTIME),": EW1:",EW1," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } if EW1MARK = 1 and counter < EW1MARKBAR and (WaveAngle = 1 and Close[counter] < EW1 - NoisePips * Point or (WaveAngle = 2 and Close[counter] > EW1 + NoisePips * Point)) then // Wave 1 ended { EW3MARK=1; break; } End; if EW0MARK=1 and EW2MARK=0 and EW3MARK=1 then { EW3MARK=0; if WaveAngle = 1 then { if EW1MARKBAR <= MaxBars then DelArrow(EW1MARKTIME, EW1 + StopLoss / 2 * Point); SetArrow(EW1MARKTIME, EW1 + StopLoss / 2 * Point,129,White); } else { if EW1MARKBAR <= MaxBars then DelArrow(EW1MARKTIME, EW1 - StopLoss / 2 * Point); SetArrow(EW1MARKTIME, EW1 - StopLoss / 2 * Point,129,Violet); } } BarsShift=EW1MARKBAR; if Bars < BarsShift then exit; // Check for failed Elliot Wave 1 if (EW3MARK=0 and EW1MARK=1 and EW2MARK=0 and WaveAngle = 1 and EW1 < EW5PRICE - NoisePips * Point) or (EW3MARK=0 and EW1MARK=1 and EW2MARK=0 and WaveAngle = 2 and EW1 > EW5PRICE + NoisePips * Point) then { for counter=1 to EW5MARKBAR { DelArrow(time[counter] , Close[counter] + StopLoss / 2 * Point); DelArrow(time[counter] , Close[counter] - StopLoss / 2 * Point); } EW0MARK=0; EW1MARK=0; EW2MARK=0; EW3MARK=0; EW4MARK=0; EW5MARK=0; } if EW1MARK=1 and EW3MARK=0 then for counter=BarsShift - 1 downto 1 Begin BarsCount = BarsShift - counter; MaxPriceBar = Highest (MODE_CLOSE,EW1MARKBAR , BarsCount); MinPriceBar = Lowest (MODE_CLOSE,EW1MARKBAR , BarsCount); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if WaveAngle = 1 and MinPrice < EW2 and MinPriceBar < EW5MARKBAR then { if EW2MARKBAR <= MaxBars then DelArrow(EW2MARKTIME , Open[counter] - StopLoss / 2 * Point); EW2 = MinPrice; EW2MARKTIME=time[MinPriceBar]; } if WaveAngle = 2 and MaxPrice > EW2 and MaxPriceBar < EW5MARKBAR then { if EW2MARKBAR <= MaxBars then DelArrow(EW2MARKTIME , Open[counter] + StopLoss / 2 * Point); EW2 = MaxPrice; EW2MARKTIME=time[MaxPriceBar]; } if WaveAngle = 1 and Close[EW1MARKBAR] - NoisePips * Point > Close[counter] and MinPrice >= Close[counter] and EW2 < Close[EW1MARKBAR] - NoisePips * Point and EW2 > close[counter] then { if EW2MARKBAR <= MaxBars then DelArrow(EW2MARKTIME , Open[counter] - StopLoss / 2 * Point); if Close[counter] < MinPrice then { EW2 = Close[counter]; EW2MARKTIME=time[counter]; } EW3=EW2; EW2MARK=1; EW2MARKBAR=counter; EW3MARKBAR=EW2MARKBAR; //SetArrow(EW2MARKTIME,Open[counter] - StopLoss / 2 * Point,130,White); Comment("\nEWTrend=Possible UP", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print("EW2 Time:",TimeToStr(EW2MARKTIME),": EW2:",EW2," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } if WaveAngle = 2 and Close[EW1MARKBAR] + NoisePips * Point < Close[counter] and MaxPrice <= Close[counter] and EW2 > Close[EW1MARKBAR] + NoisePips * Point and EW2 < close[counter] then { if EW2MARKBAR <= MaxBars then DelArrow(EW2MARKTIME , Open[counter] + StopLoss / 2 * Point); if Close[counter] > MaxPrice then { EW2 = Close[counter]; EW2MARKTIME=time[counter]; } EW3=EW2; EW2MARK=1; EW2MARKBAR=counter; EW3MARKBAR=EW2MARKBAR; //SetArrow(EW2MARKTIME,Open[counter] + StopLoss / 2 * Point,130,Violet); Comment("\nEWTrend=Possible DOWN", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print("EW2 Time:",TimeToStr(EW2MARKTIME),": EW2:",EW2," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } // Check for failed Elliot Wave 2 if (EW3MARK=0 and EW2MARK=1 and WaveAngle = 1 and EW2 < EW5 - NoisePips * Point) or (EW3MARK=0 and EW2MARK=1 and WaveAngle = 2 and EW2 > EW5 + NoisePips * Point) then { for counter=1 to EW5MARKBAR { DelArrow(time[counter] , Close[counter] + StopLoss / 2 * Point); DelArrow(time[counter] , Close[counter] - StopLoss / 2 * Point); } EW0MARK=0; EW1MARK=0; EW2MARK=0; EW3MARK=0; EW4MARK=0; EW5MARK=0; Comment("\nEWTrend=Recalculating..", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nEW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); /* Print(TimeToStr(time),": ",Symbol," Elliot Wave 2 failed, reverting retracement trend vector. "); Print("Old EW0=",TimeToStr(EW5MARKTIME), " ",EW5, " EW1=",TimeToStr(EW1MARKTIME), " ",EW1, " EW2=",TimeToStr(EW2MARKTIME), " ",EW2, " EW3=",TimeToStr(EW3MARKTIME), " ",EW3 ); */ /* MaxPriceBar = Highest (MODE_CLOSE,EW1MARKBAR + MaxBars+1 ,MaxBars); MinPriceBar = Lowest (MODE_CLOSE,EW1MARKBAR + MaxBars+1 ,MaxBars); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; tempval=EW5; EW3=EW2; EW2=EW1; if WaveAngle = 1 then EW5 = MinPrice; if WaveAngle = 2 then EW5 = MaxPrice; EW5PRICE=EW5; EW1=tempval; tempval=EW5MARKTIME; if WaveAngle = 1 then EW5MARKTIME = time[MinPriceBar]; if WaveAngle = 2 then EW5MARKTIME = time[MaxPriceBar]; EW3MARKTIME=EW2MARKTIME; EW2MARKTIME=EW1MARKTIME; EW1MARKTIME=tempval; tempval=EW5MARKBAR; if WaveAngle = 1 then EW5MARKBAR = MinPriceBar; if WaveAngle = 2 then EW5MARKBAR = MaxPriceBar; EW5MARKBAR=EW1MARKBAR; EW3MARKBAR=EW2MARKBAR; EW2MARKBAR=EW1MARKBAR; EW1MARKBAR=tempval; if Bars < EW1MARKBAR + MaxBars+1 then // Check if we have not enough prices for estimating EW0 { EW5=Close[Bars-1]; EW5PRICE=EW5; EW5MARKTIME=time[Bars-1]; EW5MARKBAR=Bars-1; } EW4=0; EW4MARKTIME=0; //print(TimeToStr(time),": ",TimeToStr(EW5MARKTIME)," ",EW5MARKBAR," ",EW5 + StopLoss / 2 * Point); //print(time, " ",EW1MARKTIME," ",EW5MARKTIME," ",Period); //print(TimeToStr(time), " ",TimeToStr(EW1MARKTIME)," ",TimeToStr(EW5MARKTIME)," ",Period); if WaveAngle = 1 then { // WaveAngle = 2; Comment("\nEWTrend=Recalculating..", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nEW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); SetArrow(EW5MARKTIME,EW5 + StopLoss / 2 * Point,128,Violet); SetArrow(EW1MARKTIME,EW1 - StopLoss / 2 * Point,129,Violet); SetArrow(EW2MARKTIME,EW2 + StopLoss / 2 * Point,130,Violet); SetArrow(EW3MARKTIME,EW3 - StopLoss / 2 * Point,131,Violet); } else { // WaveAngle = 1; Comment("\nEWTrend=Recalculating..", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nEW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); SetArrow(EW5MARKTIME,EW5 - StopLoss / 2 * Point,128,White); SetArrow(EW1MARKTIME,EW1 + StopLoss / 2 * Point,129,White); // print(TimeToStr(EW1MARKTIME)," ",TimeToStr(time[EW1MARKBAR])," ",EW1 + StopLoss / 2 * Point); // Print("EW0 Time:",TimeToStr(EW5MARKTIME),": EW0:",EW5," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); SetArrow(EW2MARKTIME,EW2 - StopLoss / 2 * Point,130,White); SetArrow(EW3MARKTIME,EW3 + StopLoss / 2 * Point,131,White); } /* Print("\nEWTrend=Recalculating..", "EW0=",TimeToStr(EW5MARKTIME), " ",EW5, " EW1=",TimeToStr(EW1MARKTIME), " ",EW1, " EW2=",TimeToStr(EW2MARKTIME), " ",EW2, " EW3=",TimeToStr(EW3MARKTIME), " ",EW3, " Pivot ",Pivot, " Resistance Level I ",ResistanceLevel1, " Support Level I ",SupportLevel1, " Resistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); */ break; } End; if EW2MARK=1 and EW3MARK=0 then { if WaveAngle = 2 then { if EW2MARKBAR <= MaxBars then DelArrow(EW2MARKTIME, EW2 + StopLoss / 2 * Point); SetArrow(EW1MARKTIME, EW1 - StopLoss / 2 * Point,129,Violet); SetArrow(EW2MARKTIME, EW2 + StopLoss / 2 * Point,130,Violet); } else { if EW2MARKBAR <= MaxBars then DelArrow(EW2MARKTIME, EW2 - StopLoss / 2 * Point); SetArrow(EW1MARKTIME, EW1 + StopLoss / 2 * Point,129,White); SetArrow(EW2MARKTIME, EW2 - StopLoss / 2 * Point,130,White); } } BarsShift=EW1MARKBAR; if Bars < BarsShift then exit; if EW2MARK = 1 and EW4MARK = 0 // and EW4MARK = 0 then for counter=BarsShift - 1 downto 1 Begin BarsCount = BarsShift - counter; MaxPriceBar = Highest (MODE_CLOSE,EW1MARKBAR , BarsCount); MinPriceBar = Lowest (MODE_CLOSE,EW1MARKBAR , BarsCount); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if WaveAngle = 1 and MaxPrice > EW3 and MaxPriceBar < EW2MARKBAR then { EW3 = MaxPrice; EW3MARKTIME=time[MaxPriceBar]; EW3MARKBAR=MaxPriceBar; if EW3MARKBAR <= MaxBars then DelArrow(EW3MARKTIME , Open[counter] + StopLoss / 2 * Point); //print("EW3=",EW3); } if WaveAngle = 2 and MinPrice < EW3 and MinPriceBar < EW2MARKBAR then { if EW3MARKBAR <= MaxBars then DelArrow(EW3MARKTIME , Open[counter] - StopLoss / 2 * Point); EW3MARKTIME=time[MinPriceBar]; EW3MARKBAR=MinPriceBar; EW3 = MinPrice; //print("EW3=",EW3); } /* if IsTesting and (counter = BarsShift-1 or counter = 1) then { if WaveAngle = 1 then print("BarCount:",BarsCount ," Counter:",counter," Price:",Close[counter]," MaxPrice: ",MaxPrice," MaxPriceBar:",MaxPriceBar); if WaveAngle = 2 then print("BarCount:",BarsCount ," Counter:",counter," Price:",Close[counter]," MinPrice:",MinPrice," MinPriceBar:",MinPriceBar); print("Bars:",Bars-1," EW2 Bar:", EW2MARKBAR, " EW2 Time:",TimeToStr(EW2MARKTIME), " Calculated EW2 Time:",TimeToStr(time[EW2MARKBAR])," EW2 Bars Diff:",(EW2MARKTIME-time[EW2MARKBAR])/60/Period); print("Bars:",Bars-1," EW3 Bar:", EW3MARKBAR, " EW3 Time:",TimeToStr(EW3MARKTIME), " Calculated EW3 Time:",TimeToStr(time[EW3MARKBAR])," EW3 Bars Diff:",(EW3MARKTIME-time[EW3MARKBAR])/60/Period); print("WaveAngle:",WaveAngle," EW3MARK:",EW3MARK," EW4MARK:",EW4MARK," EW0:",EW5PRICE," EW1:",EW1," EW2:",EW2," EW3:",EW3); } /* if WaveAngle = 1 and Close[counter] > MaxPrice then print("Counter:",counter, " MaxPrice:",MaxPrice); if WaveAngle = 2 and Close[counter] < MaxPrice then print("Counter:",counter, " MinPrice:",MinPrice); */ if WaveAngle = 1 and EW1 + NoisePips * Point < Close[counter] and MaxPrice <= Close[counter] and EW3 > EW2 + NoisePips * Point and EW3 < close[counter] then { if EW3MARKBAR <= EW5MARKBAR then DelArrow(EW3MARKTIME , Open[counter] + StopLoss / 2 * Point); EW3 = Close[counter]; EW3MARKTIME=time[counter]; EW3MARK=1; EW4=EW3; EW3MARKBAR=counter; //SetArrow(time[counter],Open[counter] + StopLoss / 2 * Point,131,White); //print("EW0 date:",TimeToStr(EW5MARKTIME)," EW1 date:",TimeToStr(EW1MARKTIME)," EW2 date:",TimeToStr(EW2MARKTIME)," EW3 date:",TimeToStr(EW3MARKTIME)); Comment("\nEWTrend=UP", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nEW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print("EW3 Time:",TimeToStr(EW3MARKTIME),": EW3:",EW3," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } if WaveAngle = 2 and EW1 - NoisePips * Point > Close[counter] and MinPrice >= Close[counter] and EW3 < EW2 - NoisePips * Point and EW3 > close[counter] then { if EW3MARKBAR <= EW5MARKBAR then DelArrow(EW3MARKTIME , Open[counter] - StopLoss / 2 * Point); EW3 = Close[counter]; EW3MARKTIME=time[counter]; EW3MARK=1; EW4=EW3; EW4MARKTIME=time[counter]; EW3MARKBAR=counter; //SetArrow(time[counter],Open[counter],131,Violet); Comment("\nEWTrend=DOWN", "\nEW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nEW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nEW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nEW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); //Print("EW3 Time:",TimeToStr(EW3MARKTIME),": EW3:",EW3," WaveAngle:",WaveAngle," MaxPriceBar:",MaxPriceBar," MinPriceBar:",MinPriceBar); } /* if EW3MARK = 1 and counter < EW3MARKBAR and (WaveAngle = 1 and Close[counter] < EW3 - NoisePips * Point or (WaveAngle = 2 and Close[counter] > EW3 + NoisePips * Point)) then // Wave 1 ended { EW4MARK=1; break; } */ End; //Check if we have failed EW 3 and it falls bellow EW Wave 1 if (EW3MARK=1 and WaveAngle = 1 and Open < EW2) or (EW3MARK=1 and WaveAngle = 2 and Open > EW2) then { Comment("\nEWTrend=Recalculating..", "\nLast EW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nLast EW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nLast EW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nLast EW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); EW0MARK=0; EW1MARK=0; EW2MARK=0; EW3MARK=0; EW4MARK=0; EW5MARK=0; ORDERMARK=0; for counter=1 to EW2MARKBAR { if close[counter] = EW3 then { DelArrow(time[counter] , Close[counter] + StopLoss / 2 * Point); DelArrow(time[counter] , Close[counter] - StopLoss / 2 * Point); break; } } if WaveAngle = 1 then SetArrow(time,Ask,251,Red); if WaveAngle = 2 then SetArrow(time,Bid,251,Red); LastEW5=EW5Price; LastEW1=EW1; LastEW2=EW2; LastEW3=EW3; //Print(TimeToStr(time),": ",Symbol," Elliot Wave 3 failed, recalculating EW0..."); } if EW3MARK = 1 and EW4MARK = 0 then { EWOscillator = iCustom("ElliotOscillator",EWPeriod,0,RetracementBars,MODE_FIRST,0); EWLevel = iCustom("ElliotWaves",EWPeriod,0,RetracementBars,MODE_FIRST,0); } if EWOscillator != 0 and EWLevel != 0 and EW3MARK = 1 and EW4MARK = 0 then { //print("EW0MARK:",EW0MARK," EW1MARK:",EW1MARK," EW2MARK:",EW2MARK," EW3MARK:",EW3MARK," EW4MARK:",EW4MARK); //Print(TimeToStr(time[0]),": EW1MARKBAR:",EW1MARKBAR," EW2MARKBAR:",EW2MARKBAR," EW3MARKBAR:",EW3MARKBAR," EW3MARKBAR=",EW3MARKBAR," EW4MARK:",EW4MARK); Print(TimeToStr(time[0]),": EW3 START - Open:",Open," EW0:",EW5PRICE," EW1:",EW1," EW2:",EW2," EW3:",EW3," WaveAngle:",WaveAngle," Price Level:",PriceLevel," Last Price Level:",LastPriceLevel," Max/Min Level:",FiboLevel); Print(TimeToStr(time[0]),": EW3 START - Pivot:",Pivot," Resistance Level I:",ResistanceLevel1," Support Level I:",SupportLevel1," Resistance Level II:",ResistanceLevel2," Support Level II:",SupportLevel2); EW3ORDERMARK=0; LastOp=0; if EW3 > Pivot then { if EW3MARKBAR <= MaxBars then DelArrow(EW3MARKTIME, EW3 + StopLoss / 2 * Point); SetArrow(EW3MARKTIME, EW3 + StopLoss / 2 * Point,131,White); DelArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point); if EW3 > ResistanceLevel1 and FiboLevel > 99 and ResistanceLevel2 - ResistanceLevel1 < SupportLevel1 - SupportLevel2 and BullsAngle = 1 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,246,White); //UP EW3ORDERMARK=1; LastOp=1; } else if EW3 > ResistanceLevel1 and FiboLevel > 100 and FiboLevel < 130 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,White); // UP EW3ORDERMARK=1; LastOp=2; } else if EW2 > SupportLevel1 and FiboLevel > 80 and FiboLevel < 130 and PriceLevel > 65 then { if Open > (MaxPrice + MinPrice) * 2 / 3 or (MACDAngle = 2 and FiboLevel > 100) then { if PriceLevel > 87.5 // Murrey 7/8 support/resistance line //and FiboLevel < 112.5 // Murrey 8/8+1 support/resistance line and BullsAngle = 1 and BearsAngle = 1 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,White); // UP EW3ORDERMARK=3; LastOp=3; } else { if MA < LongMA then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,White); // UNSTABLE UP EW3ORDERMARK=1; LastOp=4; } else { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,SkyBlue); // UNSTABLE DOWN, POSSIBLE UP EW3ORDERMARK=2; LastOp=5; }; }; } else if FiboLevel > 100 // Over Murrey 8/8 support/resistance line then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,SkyBlue); // POSSIBLE UP EW3ORDERMARK=1; LastOp=6; } else if FiboLevel = 100 // Murrey 8/8 support/resistance line then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,SkyBlue); // POSSIBLE RESIST DOWN EW3ORDERMARK=12; LastOp=7; }; } else if FiboLevel > 70 and FiboLevel < 150 and PriceLevel < 60 //and Bid > EW3 + Slippage * Point then { if (FiboLevel = 100) // Murrey 8/8 support/resistance line and MACDAngle = 1 then { SetArrow(EW3MARKTIME, EW3 - (StopLoss / 2 + NoisePips) * Point,196,SkyBlue); //TEMP UP, REVERT TO DOWN EW3ORDERMARK=13; LastOp=8; } else { SetArrow(EW3MARKTIME, EW3 - (StopLoss / 2 + NoisePips) * Point,198,White); //UP EW3ORDERMARK=3; LastOp=9; } } else if PriceLevel > 65 and MA < Open then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,White); // DOWN EW3ORDERMARK=4; LastOp=10; }; } else { if EW3MARKBAR <= MaxBars then DelArrow(EW3MARKTIME, EW3 - StopLoss / 2 * Point); SetArrow(EW3MARKTIME, EW3 - StopLoss / 2 * Point,131,Violet); DelArrow(EW3MARKTIME, EW3 - (StopLoss / 2 + NoisePips) * Point); if EW3 < SupportLevel1 and FiboLevel > 99 and ResistanceLevel2 - ResistanceLevel1 < SupportLevel1 - SupportLevel2 and BearsAngle = 2 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,248,Violet); // DOWN EW3ORDERMARK=11; LastOp=21; } else if EW3 < SupportLevel1 and FiboLevel < 130 and FiboLevel > 100 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,Violet); // DOWN EW3ORDERMARK=11; LastOp=22; } else if EW2 < ResistanceLevel1 and FiboLevel > 80 and FiboLevel < 130 and PriceLevel < -65 then { if Open < (MaxPrice + MinPrice) * 3 / 2 or (MACDAngle = 2 and FiboLevel > 100) then { if PriceLevel < -87.5 // Murrey 7/8 support/resistance line //and FiboLevel < 112/5 // Murrey 8/8+1 support/resistance line and BullsAngle = 2 and BearsAngle = 2 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,Violet); // DOWN EW3ORDERMARK=13; LastOp=23; } else { if MA > LongMA then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,Violet); // UNSTABLE DOWN EW3ORDERMARK=11; LastOp=24; } else { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,OrangeRed); // UNSTABLE UP, POSSIBLE DOWN EW3ORDERMARK=12; LastOp=25; }; }; } else if FiboLevel > 100 // Over Murrey 8/8 support/resistance line then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,202,OrangeRed); // POSSIBLE DOWN EW3ORDERMARK=11; LastOp=26; } else if FiboLevel = 100 // Murrey 8/8 support/resistance line then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,OrangeRed); // POSSIBLE RESIST AND UP EW3ORDERMARK=2; LastOp=27; }; } else if FiboLevel > 70 and FiboLevel < 150 and PriceLevel > -60 //and Ask < EW3 - Slippage * Point then { if (FiboLevel = 100) // Murrey 8/8 support/resistance line and MACDAngle = 2 then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,198,OrangeRed); //TEMP DOWN, REVERT TO UP EW3ORDERMARK=3; LastOp=28; } else { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,196,Violet); //DOWN EW3ORDERMARK=13; LastOp=29; } } else if PriceLevel < -65 and MA > Open then { SetArrow(EW3MARKTIME, EW3 + (StopLoss / 2 + NoisePips) * Point,200,Violet); // UP EW3ORDERMARK=14; LastOp=30; }; } EW4MARK=1; EW4MARKTIME=EW3MARKTIME; EW4MARKBAR=EW3MARKBAR; } if EW3MARK=1 and ((WaveAngle = 1 and EW3 - Open > EW1 - EW2 ) or (WaveAngle = 2 and Open - EW3 > EW2 - EW1 )) then { //Print(TimeToStr(time),": ",Symbol," Elliot Wave 3 retracement ended. Last EW3:",EW3," Last EW3 Time:",TimeToStr(EW3MARKTIME)," Order Stop:",TrailingStopPoint); //Alert(TimeToStr(time),": ",Symbol," Elliot Wave 3 retracement ended. Last EW3:",EW3," Last EW3 Time:",TimeToStr(EW3MARKTIME)," Order Stop:",TrailingStopPoint); Comment("\nEWTrend=Recalculating..", "\nLast EW0=",TimeToStr(EW5MARKTIME), " ",EW5, "\nLast EW1=",TimeToStr(EW1MARKTIME), " ",EW1, "\nLast EW2=",TimeToStr(EW2MARKTIME), " ",EW2, "\nLast EW3=",TimeToStr(EW3MARKTIME), " ",EW3, "\nPivot ",Pivot, "\nResistance Level I ",ResistanceLevel1, "\nSupport Level I ",SupportLevel1, "\nResistance Level II ",ResistanceLevel2, "\nSupport Level II ",SupportLevel2, "\nPrice Level ",PriceLevel,"%" ); EW0MARK=0; EW1MARK=0; EW2MARK=0; EW3MARK=0; EW4MARK=0; EW5MARK=0; ORDERMARK=0; } if prevbars > 0 and EW3ORDERMARK=99 and Bars != prevbars and ((PriceLevel > 0 and LastPriceLevel <= 0) or (PriceLevel < 0 and LastPriceLevel >= 0)) // and CCI < 200 then { ENTRYPRICE=Open; if ParabolicSAR < Open then { ORDERANGLE=1; ENTRYPRICE=Pivot;MinTakeProfitPtS=ResistanceLevel2;}; if ParabolicSAR > Open then { ORDERANGLE=11; ENTRYPRICE=Pivot;MinTakeProfitPtS=SupportLevel2;} Trace = 1; //print(TimeToStr(time),": Trace:",Trace," ORDERMARK:",ORDERMARK," ORDERANGLE:",ORDERANGLE," Price: ",Ask," Commodity Channel Index ",CCI," Pivot ",Pivot," Resistance Level I ",ResistanceLevel1," Support Level I ",SupportLevel1," Resistance Level II ",ResistanceLevel2," Support Level II ",SupportLevel2," Price Level ",PriceLevel," Last Price Level ",LastPriceLevel); LastOp=0; ORDERMARK=1; ORDERCOUNT=0; if WaveAngle = 1 then SARAngle = 1; if WaveAngle = 2 then SARAngle = 2; for counter = 1 to 10 Begin tempval =iSAR(SARstep,SARmax,counter); //print("Price:",Close[counter]," SAR:",tempval); if (WaveAngle = 1 and tempval > Close[counter]) then SARAngle = 2; if (WaveAngle = 2 and tempval < Close[counter]) then SARAngle = 1; End; if WaveAngle = 1 then print(TimeToStr(time),": Support/Resistance cross at price:",Open," WaveAngle: UP SAR:",ParabolicSAR, " SARAngle:",SarAngle," PriceLevel: ",PriceLevel," LastPriceLevel: ",LastPriceLevel); if WaveAngle = 2 then print(TimeToStr(time),": Support/Resistance cross at price:",Open," WaveAngle: DOWN SAR:",ParabolicSAR, " SARAngle:",SarAngle," PriceLevel: ",PriceLevel," LastPriceLevel: ",LastPriceLevel); Print(TimeToStr(time[0]),": Support/Resistance - Pivot:",Pivot," Resistance Level I:",ResistanceLevel1," Support Level I:",SupportLevel1," Resistance Level II:",ResistanceLevel2," Support Level II:",SupportLevel2); Print(" Support/Resistance - EW0MARK:",EW0MARK," EW1MARK:",EW1MARK," EW2MARK:",EW2MARK," EW3MARK:",EW3MARK," EW3MARKBAR=",EW3MARKBAR," EW4MARK:",EW4MARK," EW0:",EW5PRICE," EW1:",EW1," EW2:",EW2," EW3:",EW3); SetArrow(time,Open,254,Blue); if WaveAngle = 1 then { if EW0MARK = 1 and EW1MARK=1 and EW2MARK=0 then ORDERANGLE=2; if EW0MARK = 1 and EW1MARK=1 and EW2MARK=1 and EW3MARK=0 then ORDERANGLE=23; if EW0MARK = 1 and EW1MARK=1 and EW2MARK=1 and EW3MARK=1 then ORDERANGLE=4; } if WaveAngle = 2 then { if EW0MARK = 1 and EW1MARK=1 and EW2MARK=0 then ORDERANGLE=21; if EW0MARK = 1 and EW1MARK=1 and EW2MARK=1 and EW3MARK=0 then ORDERANGLE=22; if EW0MARK = 1 and EW1MARK=1 and EW2MARK=1 and EW3MARK=1 then ORDERANGLE=3; } LastOp = 1; } if ORDERMARK > 9990 then { ORDERANGLE=WaveAngle; if ORDERCOUNT > TradesCount and EW3 <= Open then ORDERCOUNT = TradesCount; if WaveAngle = 1 and Open - TakeProfit * Point > EW1 then ORDERMARK = 1; // Additional Orders handling if WaveAngle = 2 and Open + TakeProfit * Point < EW1 then ORDERMARK = 1; // Additional Orders handling } if WaveAngle = 1 then SARAngle = 1; if WaveAngle = 2 then SARAngle = 2; for counter = 1 to RetracementBars Begin tempval =iSAR(SARstep,SARmax,counter); //print("Price:",Close[counter]," SAR:",tempval); if (WaveAngle = 1 and tempval > Close[counter]) then SARAngle = 2; if (WaveAngle = 2 and tempval < Close[counter]) then SARAngle = 1; End; if WaveAngle = 1 then MACDAngle = 1; if WaveAngle = 2 then MACDAngle = 2; for counter = 1 to RetracementBars Begin tempval=iMACD(RetracementBars/5,RetracementBars,RetracementBars/5,MODE_EMA,counter); //print("MACD:",tempval); if WaveAngle = 1 then { if tempval > 0 and tempval < MACD then MACDAngle = 1; if tempval < 0 or tempval > MACD then MACDAngle = 2; } if WaveAngle = 2 then { if tempval > 0 or tempval < MACD then MACDAngle = 1; if tempval < 0 and tempval > MACD then MACDAngle = 2; } End; ShortMACDAngle = MACDAngle; if WaveAngle = 1 then MACDAngle = 1; if WaveAngle = 2 then MACDAngle = 2; for counter = 1 to RetracementBars Begin tempval=iMACD(RetracementBars,MaxBars,RetracementBars,MODE_EMA,counter); //print("MACD:",tempval); if WaveAngle = 1 then { if tempval > 0 and tempval < MACD then MACDAngle = 1; // if tempval < 0 or tempval > MACD then MACDAngle = 2; if tempval > MACD then MACDAngle = 2; } if WaveAngle = 2 then { if tempval > 0 or tempval < MACD then MACDAngle = 1; // if tempval < 0 and tempval > MACD then MACDAngle = 2; if tempval > MACD then MACDAngle = 2; } End; MaxPriceBar = Highest (MODE_CLOSE,MaxBars+1, RetracementBars); MinPriceBar = Lowest (MODE_CLOSE, MaxBars+1, RetracementBars); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if WaveAngle = 1 then { BearsAngle=1; BullsAngle=1; for counter=1 to RetracementBars { tempval=iBearsPower(RetracementBars,MODE_HIGH,counter); // if tempval < 0 or tempval > Bears then BearsAngle=2; if tempval > Bears then BearsAngle=2; tempval=iBullsPower(RetracementBars,MODE_LOW,counter); // if tempval < 0 or tempval > Bulls then BullsAngle=2; if tempval > Bulls then BullsAngle=2; } } if WaveAngle = 2 then { BearsAngle=2; BullsAngle=2; for counter=1 to RetracementBars { tempval=iBearsPower(RetracementBars,MODE_HIGH,counter); // if tempval > 0 or tempval < Bears then BearsAngle=1; if tempval < Bears then BearsAngle=1; tempval=iBullsPower(RetracementBars,MODE_LOW,counter); // if tempval > 0 or tempval < Bulls then BullsAngle=1; if tempval < Bulls then BullsAngle=1; } } if EW3ORDERMARK > 0 then { ORDERCOUNT=0; ORDERMARK=1; if EW3ORDERMARK = 1 // and Bid > EW3 + Slippage * Point // and Open >= EW3 // and Bid > EW3 + NoisePips * Point then { ORDERANGLE=4; } if EW3ORDERMARK = 2 // and Open >= EW3 // and Ask < EW3 - NoisePips * Point then { ORDERANGLE = 3; } if EW3ORDERMARK = 3 // and Open >= EW3 // and Bid > EW3 + NoisePips * Point then { ORDERANGLE = 2; } if EW3ORDERMARK = 4 // and Ask < EW3 - NoisePips * Point then { ORDERANGLE = 22; } if EW3ORDERMARK = 11 // and Ask < EW3 - Slippage * Point // and Open >= EW3 // and Ask < EW3 - NoisePips * Point then { ORDERANGLE = 23; } if EW3ORDERMARK = 12 // and Open >= EW3 // and Bid > EW3 + NoisePips * Point then { ORDERANGLE = 22; } if EW3ORDERMARK = 13 // and Open >= EW3 // and Ask < EW3 - NoisePips * Point then { ORDERANGLE = 21; } if EW3ORDERMARK = 14 // and Ask < EW3 - NoisePips * Point then { ORDERANGLE = 3; } //EW3ORDERMARK=0; } MaxPriceBar = Highest (MODE_CLOSE,MaxBars+1, MaxBars); MinPriceBar = Lowest (MODE_CLOSE, MaxBars+1, MaxBars); MaxPrice = Close[MaxPriceBar]; MinPrice = Close[MinPriceBar]; if EW2MARK = 1 and EW3MARK = 0 then { If WaveAngle = 1 and Bid > EW2 + NoisePips * Point and Bid > SupportLevel1 + NoisePips * Point and ((EW2 - SupportLevel1 > 0 and (EW2 - SupportLevel1) / 2 < NoisePips * 2 / 2) or (SupportLevel1 - EW2 > 0 and (SupportLevel1 - EW2) / 2 < NoisePips * 2 / 2)) and EW1 - Bid > MinTakeProfit * Point + NoisePips * Point + Slippage then { ENTRYPRICE=SupportLevel1; ORDERMARK=1; SetArrow(time,Low,196,Violet); Print(TimeToStr(time),": ",Symbol," Elliot Wave 2 collision with Support Level 1 detected. Last EW2:",EW2," Last EW2 Time:",TimeToStr(EW2MARKTIME)," Recommended action: BUYLIMIT at ", ENTRYPRICE, " with T/P at ",EW1 - NoisePips * Point); Alert(TimeToStr(time),": ",Symbol," Elliot Wave 2 collision with Support Level 1 detected. Last EW2:",EW2," Last EW2 Time:",TimeToStr(EW2MARKTIME)," Recommended action: BUYLIMIT at ", ENTRYPRICE, " with T/P at ",EW1 - NoisePips * Point); Print(TimeToStr(time[0]),Symbol," : Elliot Wave 2 collision - Pivot:",Pivot," Resistance Level I:",ResistanceLevel1," Support Level I:",SupportLevel1," Resistance Level II:",ResistanceLevel2," Support Level II:",SupportLevel2); } If WaveAngle = 2 and Ask < EW2 - NoisePips * Point and Ask < SupportLevel1 - NoisePips * Point and ((EW2 - SupportLevel1 > 0 and (EW2 - SupportLevel1) / 2 < NoisePips * 2 / 2) or (SupportLevel1 - EW2 > 0 and (SupportLevel1 - EW2) / 2 < NoisePips * 2 / 2)) and Ask - EW1 > MinTakeProfit * Point + NoisePips * Point + Slippage then { ENTRYPRICE=SupportLevel1; ORDERMARK=2; SetArrow(time,High,198,Violet); Print(TimeToStr(time),": ",Symbol," Elliot Wave 2 collision with Resistance Level 1 detected. Last EW2:",EW2," Last EW2 Time:",TimeToStr(EW2MARKTIME)," Recommended action: BUYLIMIT at ", ENTRYPRICE, " with T/P at ",EW1 - NoisePips * Point); Alert(TimeToStr(time),": ",Symbol," Elliot Wave 2 collision with Resistance Level 1 detected. Last EW2:",EW2," Last EW2 Time:",TimeToStr(EW2MARKTIME)," Recommended action: BUYLIMIT at ", ENTRYPRICE, " with T/P at ",EW1 - NoisePips * Point); Print(TimeToStr(time[0]),Symbol," : Elliot Wave 2 collision - Pivot:",Pivot," Resistance Level I:",ResistanceLevel1," Support Level I:",SupportLevel1," Resistance Level II:",ResistanceLevel2," Support Level II:",SupportLevel2); } } } /************************************ Aggressive Anti Stop Loss - revert to Take Profit ********************************/ If (CloseBadOrder = 2 and OrderRecovery=0) and AntiStopLoss = 1 and (CurTime-LastBadTime) > 300 and Open <=MinPrice then // Compensating BUY order for last bad trade { LastOp = 3; BuyOp = 1; SellOp = 0; CloseBadOrder = 0; OrderRecovery = 1; SetArrow(time,Bid,233,Yellow); exit; } If (CloseBadOrder = 1 and OrderRecovery=0) and (CurTime-LastBadTime) > 300 // Compensating SELL order for last bad trade and Open <=MinPrice then { LastOp = 4; BuyOp = 0; SellOp = 1; CloseBadOrder = 0; OrderRecovery = 1; SetArrow(time,Bid,234,Yellow); exit; } /*********** Open Orders handling: Trailingstops, Delayed Orders Expire, Aggressive Anti Stop Loss logics ***************/ if OrderRecovery = 0 then TradesCount = 0; if OrderRecovery = 0 and IsTradeAllowed then for counter = 1 to TotalTrades { if (OrderValue(counter,VAL_SYMBOL) = Symbol) then // we have pending current currency orders, { TradesCount = TradesCount + 1 ; // calculate trades for current market symbol } OrderType = OrderValue(counter,VAL_TYPE); if FreeMargin < 10 and IsTesting then // MetaTrader test do not close orders in with no money test mode { Print("Out of money, I AM BROKEN:( Exiting.."); If (OrderType = OP_SELL) then CloseOrder(OrderValue(counter,VAL_TICKET),OrderValue(counter,VAL_LOTS),PriceAsk,OrderValue(counter,VAL_SWAP),Yellow); If (OrderType = OP_BUY) then CloseOrder(OrderValue(counter,VAL_TICKET),OrderValue(counter,VAL_LOTS),PriceBid,OrderValue(counter,VAL_SWAP),Yellow); SetArrow(time,PriceAsk+BidStopPoints,77,Yellow); exit; } if StopLoss = 0 then TrailingStopLoss = OrderValue(counter,VAL_OPENPRICE) else TrailingStopLoss = OrderValue(counter,VAL_STOPLOSS); If (OrderType = OP_BUY) and OrderValue(counter,VAL_SYMBOL)=Symbol then { // This is our buy order, lets check for prices if (TrailingStop) > 0 then // We have Trailing Stop enabled, arrange our bids { // Here we check the trailing stop at open position. // Trailing stop ( Stop Loss) of the BUY position is being // kept at level 15 points below the market. // print("ParabolicSAR:",ParabolicSAR, " StopLossTrail:",TrailingStopLoss," MA:",MA); If (PriceBid - (TrailingStop + TrailingStep) * Point) > OrderValue(counter,VAL_OPENPRICE) // If the profit (current Bid-OpenPrice) more than TrailingStop pips // and the last StopLoss exceeds TrailingStep points from Trailingstop then { // we have won already not less than 'TrailingStop' pips! // move the trailing stop (Stop Loss) to the level 'TrailingStop' from the market StopLossTrail=TrailingStopLoss; // print("ParabolicSAR:",ParabolicSAR, " StopLossTrail:",StopLossTrail," MA:",MA); if Open - ((TrailingStep + TrailingStop) * Point) > OrderValue(counter,VAL_OPENPRICE) and StopLossTrail < OrderValue(counter,VAL_OPENPRICE) and Open + (TrailingStop * Point) >= OrderValue(counter,VAL_TAKEPROFIT) then // We have won already take profit-trailingstop pips! Set Stop Loss to take profit minimum { ModifyOrder(OrderValue(counter,VAL_TICKET),OrderValue(counter,VAL_OPENPRICE), OrderValue(counter,VAL_OPENPRICE) + (TrailingStop * Point),OrderValue(counter,VAL_TAKEPROFIT),Blue); SetArrow(time,PriceBid,105,Blue); exit; } else if ParabolicSAR -